SKYX Payout Ratio vs Pocfratio Analysis
SKYX Stock | USD 1.05 0.05 5.00% |
SKYX Platforms financial indicator trend analysis is much more than just breaking down SKYX Platforms Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SKYX Platforms Corp is a good investment. Please check the relationship between SKYX Platforms Payout Ratio and its Pocfratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKYX Platforms Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Payout Ratio vs Pocfratio
Payout Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKYX Platforms Corp Payout Ratio account and Pocfratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SKYX Platforms' Payout Ratio and Pocfratio is -0.22. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of SKYX Platforms Corp, assuming nothing else is changed. The correlation between historical values of SKYX Platforms' Payout Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of SKYX Platforms Corp are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Payout Ratio i.e., SKYX Platforms' Payout Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of SKYX Platforms Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of SKYX Platforms Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating SKYX Platforms Corp is paying out more in dividends than it makes in net income.Pocfratio
Most indicators from SKYX Platforms' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SKYX Platforms Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKYX Platforms Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, SKYX Platforms' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 12.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.60 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 560.4K | 589.0K | 3.1M | 3.3M | Depreciation And Amortization | 84.3K | 698.4K | 1.0M | 953.5K |
SKYX Platforms fundamental ratios Correlations
Click cells to compare fundamentals
SKYX Platforms Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running SKYX Platforms' price analysis, check to measure SKYX Platforms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SKYX Platforms is operating at the current time. Most of SKYX Platforms' value examination focuses on studying past and present price action to predict the probability of SKYX Platforms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKYX Platforms' price. Additionally, you may evaluate how the addition of SKYX Platforms to your portfolios can decrease your overall portfolio volatility.